News

Micro Finance Institutions Network

Micro Finance Institutions Network (MFIN) is an Association of Non-Bank Finance Company Micro Finance Institutions (NBFC-MFIs). It was established in October 2009 as the primary representative body of NBFCs engaged in the business of Microfinance. Since its establishment, MFIN has been promoting the key objectives of Microfinance in India and as the Self-Regulatory Organization for the industry, has been working to establish guidelines for responsible lending and client protection.

Spotlight

NBFC-MFIs are distinct; no linkages with chit-funds: MFIN

MFIs operate under strict guidelines laid by RBI in a fair and transparent manner toward welfare and protection of borrowers
New Delhi/Kolkata, April 25, 2013: Microfinance Institutions Network (MFIN), the industry body representing Non Bank Finance Company – Microfinance Institutions (NBFC-MFIs) that constitute over 80% of the Indian microfinance sector (excluding the bank-linked SHG programs), has clarified that the RBI-regulated NBFC-MFIs are in no manner connected with chit-fund companies in any region, including West Bengal.

Read More...
MFIN Micrometer

Issue - 5
31st March, 2013

The MicroScape

November, 2012